Shipping
Charter rates rise above 10,000 dollars
The charter rates continue their upward trend and have now broken through the 10,000 dollar barrier. While the rates are up 61% year-on-year, shipping broker…
Charter rates
Charter rates continue to shoot up sharply
Demand for multipurpose vessels is booming. The charter rates have shot up by 7.6% month on month to USD 8,902 on average, shows Toepfer’s Multipurpose Shipping…
Charter rates exceed pre-pandemic level
Almost exactly one year after the Covid-19 pandemic hit Europe, the charter rates for multipurpose and heavy-lift vessels are back at their pre-pandemic level and…
Shipping
Recovery of charter rates gains momentum
The recovery of the charter rates is gaining momentum. The average charter rate for a 12,500 dwt multipurpose vessel in December increased by 202 dollars…
Shipping
Charter rates keep rising
Charter rates for multipurpose vessels keep rising bit by bit since the sudden fall at the beginning of the year. Day rates increased by 114…
Shipping
Charter rates continue upward trend
The charter rates for multipurpose vessels continue to crawl back up from the low levels of June and July this year. Toepfer’s Multipurpose Shipping Index…
Charter rates
Charter rates claw back slowly
The charter rates for multipurpose vessels keep slowly improving from their downfall earlier this year. In the latest edition of Toepfer’s Multipurpose Shipping Index, the…
Charter rates
Charter rates bounce back a little
The charter rates for multipurpose vessels have bounced back a little, shows Toepfer Multipurpose Shipping Index. Rates increased slightly in August to USD 6,492 per…
Charter rates
Decline in charter rates starts to slow
Average charter rates kept falling in the past month but the decline has significantly slowed in pace. In June, the average day rate for a…
Charter rates
Decline in charter rates doubles in pace
The decline in charter rates for multipurpose vessels is accelerating. The average charter rate for a 12,500 dwt multipurpose vessel currently stands at USD 6,863,…
Charter rates
Charter rates start to slide as coronavirus spreads
The charter rates for multipurpose vessels are starting to slide as a result of lower demand caused by the coronavirus. The average day rate for…
Charter rates for multipurpose vessels remain stable so far
Despite the coronavirus, a very low Baltic Dry Index and problems at Zeamarine, charter rates for multipurpose and heavy-lift vessels so far seem to remain…
Demand growth
Toepfer foresees good news on multipurpose demand side
Multipurpose and project carriers can pour an extra glass of champagne on New Year’s Eve as the outlook for 2020 is positive, according to shipbroker…